UK markets closed

The Charles Schwab Corporation (SCHW)

NYSE - Nasdaq Real-time price. Currency in USD
Add to watchlist
64.63+0.50 (+0.78%)
At close: 04:00PM EST
64.63 0.00 (0.00%)
After hours: 04:57PM EST

The Charles Schwab Corporation

3000 Schwab Way
Westlake, TX 76262
United States
817 859 5000
https://www.schwab.com

Sector(s)Financial Services
IndustryCapital Markets
Full-time employees33,000

Key executives

NameTitlePayExercisedYear born
Mr. Charles Robert SchwabFounder & Co-Chairman2.9MN/A1937
Mr. Walter William Bettinger IICEO & Co-Chairman7.39MN/A1961
Mr. Richard A. Wurster CFA, CMTPresident3.67M3.13M1974
Mr. Peter Brooks CrawfordCFO & MD2.16M922.48k1969
Mr. Joseph Raymond Martinetto B.A., M.B.A.MD & COO3.68MN/A1963
Mr. Tim HeierMD & CTON/AN/AN/A
Mr. Jeff EdwardsMD & Head of Investor RelationsN/AN/AN/A
Mr. Peter J. Morgan IIIMD, General Counsel & Corporate SecretaryN/AN/A1965
Mr. Joe CarberryMD and Head of Corporate Relations & Institutional MarketingN/AN/AN/A
Ms. Stacy HammondMD & Chief Marketing OfficerN/AN/AN/A
Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

The Charles Schwab Corporation, together with its subsidiaries, operates as a savings and loan holding company that provides wealth management, securities brokerage, banking, asset management, custody, and financial advisory services. The company operates in two segments, Investor Services and Advisor Services. It offers brokerage accounts with equity and fixed income trading, margin lending, options trading, futures and forex trading, and cash management capabilities, including certificates of deposit; third-party mutual funds through the Mutual Fund Marketplace and Mutual Fund OneSource service, as well as mutual fund trading and clearing services to broker-dealers; exchange-traded funds; advisory solutions for managed portfolios, separately managed accounts, customized personal advice for tailored portfolios, specialized planning, and full-time portfolio management; banking products comprising checking and savings accounts, first lien residential real estate mortgage loans, home equity lines of credit, and pledged asset lines; and trust custody services, personal trust reporting services, and administrative trustee services. It also provides digital retirement calculators; integrated web-, mobile-, and software-based trading platforms, real-time market data, options trading, premium research, and multi-channel access; self-service education and support tools; online research and analysis tools; equity compensation plan sponsors full-service recordkeeping for stock plans, stock options, restricted stock, performance shares, and stock appreciation rights; and retirement plan services. The Company operates domestic branch offices in 48 states and the District of Columbia, as well as locations in Puerto Rico, the United Kingdom, Hong Kong, and Singapore. The Charles Schwab Corporation was founded in 1971 and is headquartered in Westlake, Texas.

Corporate governance

The Charles Schwab Corporation’s ISS governance QualityScore as of 1 February 2024 is 10. The pillar scores are Audit: 7; Board: 8; Shareholder rights: 10; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.